Articles tagged with "Industrial"

Harden and RioCan REIT have revealed plans to redevelop the Méga Centre Notre-Dame mall in Laval, Quebec, following the sale of part of the property. Rosefellow has purchased a portion for $75 million, intending to construct an industrial campus. The redevelopment will include significant retail space expansions and new stores, enhancing the mall's commercial value. The transformation is expected to create a mixed-use hub that benefits the community by combining retail and industrial sectors.

EcoPro has decided to temporarily halt the construction of its $1.2 billion electric vehicle battery-materials plant in Bécancour, Quebec. The decision is due to increased tariffs in the United States and slower-than-anticipated sales in the electric vehicle market. The company has not provided a timeline for when the construction might resume.

Canada is a leading global player in solar air heating, with significant innovation and flagship projects in this sector. The country’s market is primarily driven by a strong network of suppliers and government support, particularly in Quebec. Companies like Trigo Energies and Matrix Energy are leading the implementation of solar air heating systems for both new constructions and retrofits, benefiting from favorable subsidies. These systems are increasingly used in industrial buildings to reduce natural gas consumption and enhance energy efficiency.

A $40 million industrial project is underway in Fabreville, near the highway 13 in Laval. The construction, handled by Guimond Construction on behalf of Groupe XM, will include a 190,000 square foot warehouse expected to be completed by the first quarter of 2026. The project embraces sustainable practices, dedicating a portion of the land to preserved wetland. Randmar has already purchased an 80,000-square-foot unit in the building.

The Davie shipyard is launching a large-scale modernization project that includes the construction of a new hangar, the creation of 1800 jobs, and the awarding of major contracts. This initiative aims to enhance the facility's capabilities and bolster its operational capacity, contributing to the local economy significantly. The project signifies a substantial investment in the shipyard’s infrastructure and workforce development.

President Trump's increase in U.S. tariffs on steel and aluminum has doubled to 50%, pressuring Quebec manufacturers who are relocating operations to the U.S. to remain competitive. The uncertainty of tariffs is forcing companies to act, and local entities are pushing the government for protective measures. The Quebec Federation of Chambers of Commerce voices concern over rising industrial energy costs, further complicating the business climate. Canada has not yet retaliated, although there are calls for action against steel dumping.

The Bureau d'audiences publiques sur l'environnement (BAPE) announced the start of a public information period for a nickel sulfate plant project in the industrial and port area of Bécancour, Québec, by Transition Énergétique Métaux Vale Québec Inc. A public information session will be held on June 17, 2025, allowing citizens to learn about the project and participate in the consultation process. Documentation is available on the BAPE website and at the Bécancour library. Requests for further public consultation on social, ecological, and economic aspects can be made until July 4, 2025.

Canadian minister Dominic LeBlanc discussed concerns with U.S. commerce secretary Howard Lutnick regarding the U.S. decision to increase tariffs on steel and aluminum from 25% to 50%. The Canadian government, alongside ex-Quebec Premier Jean Charest, criticized the tariffs as unlawful and harmful to Canada's economy, impacting the export of Canadian steel and aluminum. This move by the Trump administration is seen as part of a broader strategy of applying global tariffs to extract concessions in trade agreements.

ABB Electrification Canada Inc. has acquired Bel Products Inc., a Canadian manufacturer known for custom-built enclosures, enhancing its capabilities in the commercial, industrial, data center, and utility sectors. This acquisition, which sees Bel remain operational in Quebec, leverages both companies' strengths to expand ABB's market presence in Canada and the U.S. Bel Products President Réal Bélanger highlighted the growth opportunities offered through ABB’s global reach. The move aims to enhance ABB’s manufacturing and supply chain capabilities to better meet customer demand.

The 40NetZERO project involves creating an industrial campus in Montreal-Est that spans seven million square feet, accommodating up to 15 buildings. With over three million square feet available for lease, the development aims to achieve the BCZ-Design v3 certification by implementing various standards. The focus on obtaining this certification highlights the project's commitment to sustainability and eco-friendly design practices.

A report by a shareholder advocacy group suggests that restarting a liquefied natural gas export project in Quebec's Saguenay region would be expensive and likely not financially viable. The project's economic outlook is questioned, with concerns about profitability. These findings cast doubt on the potential of reviving the project as initially planned.

Rio Tinto has contracted AtkinsRéalis for a seven-year refurbishment of the Isle-Maligne hydropower plant in Alma, Quebec, investing $1.7 billion to modernize the facility. This effort, which includes replacing turbine-alternator groups and various upgrades, marks Rio Tinto's largest hydropower investment since the 1950s. The Isle-Maligne hydroelectric plant, operational since 1926, represents a significant component of Rio Tinto's strategy to support low-carbon aluminum production in Canada. The project is expected to be completed by 2032.